Abstract

This paper examines the international development of financial reporting standards for smaller entities from a UK perspective. The paper examines the three elements of differential reporting that have been introduced in the UK: abbreviated accounts, the Financial Repoting Standard for Smaller Entities and exemption from the statutory audit.

Item Type:

Conference or Workshop Item
(Paper)

Event Title:

European Institute for Advanced Studies in Management (EIASM) Workshop on Implementing IFRS